Elite Russian airborne troops have been lured into fighting around the town of Bakhmut, allowing Ukraine to break through the front line elsewhere, a leading military think tank has reported.
Moscow’s “irrational fixation” with the north-eastern Ukrainian town it seized at immense cost in May has led to its best troops being concentrated and killed around Bakhmut, the Institute for the Study of War report said.
This has allowed Ukrainians to break through the southern front, most notably around the settlement of Robotyne, with Russia’s VDV airborne troops belatedly rushed in to hold the line last month.
VDV commanders are also becoming increasingly frustrated by Moscow’s decision to use their paratroopers as standard infantry in trenches around Robotyne to hold up the advance, Britain’s Ministry of Defence said.
“The current situation is likely to be seen as highly unsatisfactory by the VDV hierarchy,” it wrote on X, formerly Twitter.
“Throughout the war Russian commanders have attempted to regenerate the airborne forces as a highly mobile, striking force for offensive operations. Once again, they are being used as line infantry to augment overstretched ground forces.”
It also reported that at least five VDV regiments had now been sent to Robotyne. But while this would normally number “10,000 elite paratroopers”, given their losses in nearly 19 months of fighting, “all units are highly likely dramatically under strength”.
Irrational fixation
The ISW special report commended Kyiv’s decision to focus on Bakhmut, saying that it had been subjected to “much unwarranted criticism” and opposition from some western advisers.
Instead the decision had “fixed a large portion” of Russia’s airborne forces and thus “increased Ukraine’s chances of operational success”, it said.
“The Ukrainians took advantage of Russia’s irrational fixation with the operationally insignificant town of Bakhmut to draw the highest-quality mobile Russian reserves there,” the Washington think tank stated.
The Bakhmut decision had held down a large amount of Russian combat power that could have been used in the Robotyne area and reflected “sound campaign design principles”.
“This significant Ukrainian achievement has helped prevent Russia from creating a large mobile VDV [airborne] operational reserve that could have been used to stop the main Ukrainian counter-offensive effort in Zaporizhzhia Oblast,” the report said.
Airborne casualties
Bakhmut was finally taken by the Wagner group of mercenaries following months of attritional fighting with the loss of 20,000 of its troops, many of them convicts.
But once the town was taken Wagner precipitately pulled out and were replaced by VDV members, who were forced to hold the line against Kyiv’s counter-offensive.
There is now a suggestion that Russia is “running out” of elite paratroopers killed in action around Bakhmut after reinforcement of the southern sector by the 41st Combined Arms Army that was “notably not a VDV formation”.
“This lateral redeployment of regular motorised rifle units likely reflects the fact that Russian forces are running out of VDV units to move,” ISW said.
The decision to defend Bakhmut last year and then counter-attack its flanks since the June counter-offensive had tied down two of Russia’s four VDV divisions.
“This is a significant achievement,” the ISW said. “The VDV is Russia’s principal expeditionary force and Russia’s highest mobility combat force.”
Ukraine’s aggressive tactics had caused significant airborne casualties and deprived them of the opportunity not only to regroup and refit but also to be a “high mobility operational” reserve to defend the southern front.
Southern breakthrough
The concentration of any significant proportion of these VDV units in the Robotyne area would likely have made Ukrainian penetration of the lines extremely difficult.
Kyiv’s troops are still battling to get beyond the second and third lines of defence that could get them close enough to cut off Russia’s main line of communication with annexed Crimea.
The lack of any decent reserve has “likely given Ukraine its chance to make significant gains in the south”, the report said.
Russia’s limited mobile combat reserve being committed to Bakhmut meant “more favourable conditions” for Ukraine’s counter-offensive in the south.
But Ukraine will have to continue to “press hard” on Bakhmut to keep the VDV forces pinned down there to prevent them stopping “the decisive Ukrainian effort” around Robotyne.
Pro-Kyiv military bloggers have suggested that Ukraine’s 3rd Storm Brigade encircled and routed the VDV 72nd Brigade, killing three battalion commanders and an intelligence officer when it retook the village of Andriivka, near Bakhmut, at the weekend.
On Monday it was reported that the Ukrainians had also taken Klishchiivka, a village 4km to the north of Andriivka.
One hundred days of the Ukraine counteroffensive - in pictures
Kat Wightman's tips on how to create zones in large spaces
- Area carpets or rugs are the easiest way to segregate spaces while also unifying them.
- Lighting can help define areas. Try pendant lighting over dining tables, and side and floor lamps in living areas.
- Keep the colour palette the same in a room, but combine different tones and textures in different zone. A common accent colour dotted throughout the space brings it together.
- Don’t be afraid to use furniture to break up the space. For example, if you have a sofa placed in the middle of the room, a console unit behind it will give good punctuation.
- Use a considered collection of prints and artworks that work together to form a cohesive journey.
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
if you go
The flights
Fly direct to Kutaisi with Flydubai from Dh925 return, including taxes. The flight takes 3.5 hours. From there, Svaneti is a four-hour drive. The driving time from Tbilisi is eight hours.
The trip
The cost of the Svaneti trip is US$2,000 (Dh7,345) for 10 days, including food, guiding, accommodation and transfers from and to Tbilisi or Kutaisi. This summer the TCT is also offering a 5-day hike in Armenia for $1,200 (Dh4,407) per person. For further information, visit www.transcaucasiantrail.org/en/hike/
AL%20BOOM
%3Cp%20style%3D%22text-align%3Ajustify%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BDirector%3AAssad%20Al%20Waslati%26nbsp%3B%3C%2Fp%3E%0A%3Cp%20style%3D%22text-align%3Ajustify%3B%22%3E%0DStarring%3A%20Omar%20Al%20Mulla%2C%20Badr%20Hakami%20and%20Rehab%20Al%20Attar%0D%3Cbr%3E%0D%3Cbr%3EStreaming%20on%3A%20ADtv%0D%3Cbr%3E%0D%3Cbr%3ERating%3A%203.5%2F5%0D%3Cbr%3E%0D%3Cbr%3E%3C%2Fp%3E%0A
KILLING OF QASSEM SULEIMANI
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Voy!%20Voy!%20Voy!
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Omar%20Hilal%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Muhammad%20Farrag%2C%20Bayoumi%20Fouad%2C%20Nelly%20Karim%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5